{"id":91806,"date":"2023-03-07T12:31:38","date_gmt":"2023-03-07T05:31:38","guid":{"rendered":"http:\/\/www.thestorythailand.com\/?p=91806"},"modified":"2023-03-07T12:31:42","modified_gmt":"2023-03-07T05:31:42","slug":"bcpg-forges-ahead-with-the-nabas-2-wind-power-project-in-the-philippines","status":"publish","type":"post","link":"https:\/\/www.thestorythailand.com\/en\/bcpg-forges-ahead-with-the-nabas-2-wind-power-project-in-the-philippines\/","title":{"rendered":"BCPG forges ahead with the Nabas-2 wind power project in the Philippines"},"content":{"rendered":"\n<p>BCPG Public Company Limited, as a joint venture of PetroWind Energy Inc. (PWEI) \u2013 a developer of wind power projects in the Philippines, signed a loan agreement of P 1,811 million (THB 1,100 million) with the Development Bank of the Philippines for the commercial development phase and construction of a 13.2-MW Nabas-2 project in Visayas Island, Nabas, the Philippines. The Company has completed Engineering, Procurement, and Construction contracts since late 2022 and expects to start commercial operation of the Nabas-2 project within 2025.<\/p>\n\n\n\n<p>\u201cWe aim to start COD of the 13.2-MW Nabas-2 wind power project by 2025. The project has secured a power purchase agreement from the Green Energy Auction Program at 5.76 P\/kWh or 3.63 Bath\/kWh for 20 years\u201d, said <strong>Niwat Adirek, President and CEO of BCPG.<\/strong><\/p>\n\n\n\n<p>BCPG has invested in the wind power business in the Philippines since 2017 through an acquisition of 40% in PWEI, with a total production capacity of 49.2 MW; 36-MW Nabas-1 project, which is now in operation, and 13.2-MW Nabas-2 project under development. After completing the Nabas-2 project, BCPG would secure, according to share proportion, 19.7 MW.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/20\/02\/2023\/91119\/\">BCPG invests more than THB 3,900 million in two natural gas power plants in the U.S.<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.thestorythailand.com\/en\/09\/02\/2023\/90159\/\">SCG Taps into End-to-End clean energy business, Targeting ASEAN\u2019s industrial estates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BCPG Public Company Limited, as a joint venture of PetroWind Energy Inc. (PWEI) \u2013 a developer of wind power projects in the Philippines<\/p>\n","protected":false},"author":8,"featured_media":92660,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3540],"tags":[4419,17254,17255],"class_list":["post-91806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-en","tag-bcpg","tag-nabas-2-wind-power-project","tag-philippine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BCPG forges ahead with the Nabas-2 wind power project in the Philippines - The Story Thailand<\/title>\n<meta name=\"description\" content=\"BCPG Public Company Limited, as a joint venture of PetroWind Energy Inc. 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